The landscape of Bitcoin ownership has shifted dramatically in recent years, with institutions and governments now dominating the top holder list for the cryptocurrency. What was once a space primarily occupied by private individuals has now been taken over by large entities with significant holdings. This shift is a reflection of the growing mainstream acceptance
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning 15 years in the realms of Forex and cryptocurrency trading. Known for his exceptional proficiency in providing technical analysis, Aayush has established himself as a trusted advisor and senior market expert for investors worldwide. His keen insights and astute
Australia’s Securities and Investments Commission (ASIC) has taken legal action against the Australia Securities Exchange (ASX) Ltd. for allegedly making false statements regarding its blockchain trade settlement project. The ASIC claims that the ASX misled the public by asserting that the project was progressing well and on track for a launch in April 2023, when
Bitcoin price has recently shown signs of recovery, breaking above the $60,000 resistance zone. However, the cryptocurrency is facing hurdles in clearing the $61,200 and $61,500 resistance levels. This indicates a crucial point in the market as investors are closely monitoring if BTC will be able to surpass these barriers. Technical Indicators The hourly MACD
In response to a $235 million hack, Indian crypto exchange WazirX has made the decision to terminate its asset custody arrangement with Liminal. This move comes after the breach and aims to improve the security of the remaining assets by transferring them to new multi-signature wallets. The exchange emphasized the need for maximum security in
The recent decrease in Bitcoin’s price has raised concerns among investors, with some speculating that the cryptocurrency may never return to its previous highs. However, one analyst believes that a drop back to $20,000 is inevitable, despite not predicting when this crash will occur. Without Worries, a crypto analyst, has highlighted the potential for Bitcoin
Ethereum has recently experienced a steady increase in price, surpassing the $2,650 resistance level. This surge in value has positioned Ethereum ahead of Bitcoin and has investors speculating on the potential for an even greater rally towards the $3,000 resistance zone. Upon analyzing the hourly chart of ETH/USD, it is evident that Ethereum has initiated
Binance, one of the world’s largest cryptocurrency exchanges, has recently faced regulatory scrutiny in Brazil. The Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, conducted a year-long investigation into Binance’s activities in the country. The investigation unveiled allegations of unlicensed derivatives trading, prompting the CVM to take action against the exchange. Despite warnings and orders
Recently, a crypto analyst shared an optimistic outlook for XRP, the native token of the XRP Ledger, predicting a potential rally of up to 10,400% with a price target of $60. The analyst expressed bullish optimism about XRP’s future price, indicating that the cryptocurrency could be on the verge of a significant breakout. This anticipated
As discussions between the White House and industry leaders heat up, there is a growing expectation for the Biden administration to release a crypto regulation roadmap. Pro-Bitcoin Democrat House Representative Ro Khanna anticipates that this roadmap will be unveiled “in the coming weeks.” The aim is to provide clear guidelines for companies to stay compliant